Uralmashzavod’s net loss exceeds 850m RUR in the first half of 2014

15 August 2014 (15:17)

August 15, 2014. In the first half of 2014, the net loss of OAO Uralmashzavod amounted to 854.351m RUR, the issuer’s official report states.

The company’s revenues dropped down to 2,513,296,000 RUR in the first half of the year compared with 3,646,333,000 RUR a year earlier. Gross profit decreased to 16.651m RUR, whereas the figure stood at 309.434m RUR in the first quarter of 2013.

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